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South Africa Bond Rally Builds Ahead of February 25 Budget

South Africa Bond Rally Builds Ahead of February 25 Budget

South African bonds extended gains as investors positioned for Finance Minister Enoch Godongwana's budget presentation on Feb. 25. Morgan Stanley said the budget could reinforce fiscal consolidation and further compress the risk premium on sovereign debt. The bank described the upcoming fiscal up

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Youssou Diouf: Senegalese Striker Dies After Collapsing During Ligue 2 Match

Youssou Diouf: Senegalese Striker Dies After Collapsing During Ligue 2 Match

Senegalese football — and indeed the wider African game — has been thrown into mourning following the tragic death of a promising strikerYoussou Diouf, who featured in Senegal's Ligue 2, reportedly passed away after collapsing during a match in ThièsTributes have since flooded

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Lira Blood Bank construction nears completion

Lira Blood Bank construction nears completion

The Lira Regional Blood Bank under construction.Lira, Uganda | THE INDEPENDENT | The construction of the Regional Blood Bank at Lira Regional Referral Hospital (LRRH) is nearing completion, with phase one standing at 98 percent.Started in March 2025 on a piece of land donated by Lir

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Water & Environment Ministry Explains Unusual February Rains

Water & Environment Ministry Explains Unusual February Rains

February is typically characterised by hot, dry and sunny conditions, marking the tail end of Uganda’s December–February dry season.However, several parts of the country — particularly the Central region, areas around the Lake Victoria Basin, and southwestern Uganda — are currently

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There can only be one Fr Kiibi

There can only be one Fr Kiibi

Rev Fr Deogratius Kiibi KatereggaI attended a burial in Gombe last week, and had never encountered such a quarrelsome priest!Before the requiem mass started, he warned mourners to stand when he says stand, sit when they were supposed to, and save the gossip for later like “grownup

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Estranged Boyfriend Wins As Kampala Slay Queen Charlotte Komugisha Loses 2nd Court Case In One Week

Estranged Boyfriend Wins As Kampala Slay Queen Charlotte Komugisha Loses 2nd Court Case In One Week

Queen Charlotte Komugisha (48) loses 2nd court case in One week as judge rules that their 12-year-old son leaves home & goes to boarding to avoid exposure to parental quarrels.Robert Magara the Grade 1 Magistrate at the Makindye court in Kampala has ruled that the embattled Kampala tik

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Insurance players tipped to leverage booming Ugandan economy

Insurance players tipped to leverage booming Ugandan economy

With oil production expected to start soon, Dr Julius Kipng’etich projected even stronger growth over the next two to three decades, potentially transforming Uganda into one of the continent’s largest economies.Insurers in Uganda and across the East African region have been called to

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Uganda Airlines Long-Haul Crisis Deepens As Tycoon Sudhir Falls Victim To London Flight Cancellations

Uganda Airlines Long-Haul Crisis Deepens As Tycoon Sudhir Falls Victim To London Flight Cancellations

Uganda’s national carrier, Uganda Airlines, is grappling with escalating operational turbulence after grounding both of its long-haul aircraft, triggering a wave of flight cancellations that has now ensnared city tycoon Dr. Sudhir Ruparelia among affected passengers.“My Sunday flight w

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Court orders Muwema to pay Shs1.3b arrears, vacate Kololo property over lease breach

Court orders Muwema to pay Shs1.3b arrears, vacate Kololo property over lease breach

Kampala, Uganda: The High Court (Commercial Division) has ordered M/S Muwema & Co. Advocates to pay a total of USD 372,300 (approx. Shs1.34bn) in rent arrears and mesne profits, and to immediately vacate prime premises in Kololo following a protracted lease dispute with Downtown Investments L

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Audit finds widespread financial mismanagement at National Drug Authority

Audit finds widespread financial mismanagement at National Drug Authority

A scathing report from Uganda’s auditor general has uncovered deep financial and operational dysfunction at the National Drug Authority. From idle billions in unclaimed deposits to vacant floors in its headquarters, the agency faces growing questions about its ability to regulate the nation’s

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